“Having a great idea is simply not enough. The eventual goal is vastly more important than any idea. It is how ideas are implemented that counts in the long run”

“Once you believe that you are infallible, that success will automatically lead to more success, and that you have "got it made," reality will be sure to give you a rude wake-up call. Believing your own bullshit is always a perilous activity, but never more fatal than for the owner of a start-up venture.”

“Sometimes, to ensure that a talented individual will work for you, or will stay working with you, you need to be flexible. Money is not always the great motivator here. Talented people want a good salary, of course, but surprisingly often they are more attracted to new opportunities and challenges.”

“When you come across real talent, it is sometimes worth allowing them to create the structure in which they choose to labor. In nine cases out of ten, by inviting them to take responsibility and control for a new venture, you will motivate them to do great things.”

“Most of the worst errors I made in my life came from forgetting to act small.”

“Talent is indispensable, although it is 'always' replaceable. Just remember the simple rules concerning talent:Identify It,Hire It,Nurture It,Reward It,Protect It.And when the time comes, Fire It.”

“Don’t live life as a spectator. Always examine life: Espouse new ideas, long fornew things, constantly discovering new interests, escaping from boringroutines. Engage life with enthusiasm; grasping life aggressively and squeezingfrom it every drop of excitement, satisfaction, and joy. The key to unleashing life’s potential is attitude. The person who approacheslife with a child-like wonder is best prepared to defy the limitations of time, ismore “alive,” more of a participant in life than the person who remains aspectator.”